A __________ is an organization,

economic system, or enterprising entity

that is engaged in commercial,
professional, industrial activities and
operates in exchange for one another or
of money.

BUSINESS PARTNERSHIP

SOLE
PROPRIETORSHIP
CORPORATION
A __________is an entity formed to
carry on commercial enterprise.

BUSINESS
PARTNERSHIP
ORGANIZATION
SOLE
PROPRIETORSHIP
CORPORATION
A ____________as the name implies
is a business owned and operated by
only one person for their benefit.
The owner and the business are
considered the same.

COOPERATIVE PARTNERSHIP

SOLE
PROPRIETORSHIP
CORPORATION
According to The Philippine Civil Code, it defines
___________ as “Art. 1767. By the contract of
partnership two or more persons bind
themselves to contribute money, property, or
industry to a common fund, to divide the profits
among themselves.”

LIMITED LIABILITY
CORPORATION
PARTNERSHIP

COOPERATIVE CORPORATION
According to The Philippine Civil Code, it defines
___________ as “Art. 1767. By the contract of
partnership two or more persons bind
themselves to contribute money, property, or
industry to a common fund, to divide the profits
among themselves.”

LIMITED LIABILITY
CORPORATION
PARTNERSHIP

COOPERATIVE CORPORATION
A __________is an artificial being created by
operation of law, having the right of
succession and the powers, attributes, and
properties expressly authorized by law or
incident to its existence

LIMITED LIABILITY
CORPORATION
COOPERATIVE

SOLE
PROPRIETORSHIP
CORPORATION
__________are a hybrid business that has
characteristics of both corporation and
partnership.

LIMITED LIABILITY
CORPORATION
PARTNERSHIP

SOLE
PROPRIETORSHIP
COOPERATIVE
___________ is AN organized for-profit and
non-profit. It is a form of business organization
with members working together toward a
common goal for their mutual benefit.

COOPERATIVE PARTNERSHIP

SOLE
PROPRIETORSHIP
CORPORATION
Which among the following is considered as
advantage of sole proprietorship.

Consumes
No special taxation
personal time
Easy to dissolve if
Unlimited liability
desired
Which among the following is considered as
advantage of partnership.

Conflicts between Diversity of

partners expertise

Ease of Formation Limited life

___________ all partners agree to have
unlimited liability. It means that when the
company is bankrupt, the personal assets of
partners can be used to pay the remaining
debt of the firm.

Corporate General
Partnership Partnership
Limited Liability Limited
Partnership Partnership
as to the term “limited” it means that the
liability of partners is bounded only within
their capital/investment in the company.

Limited General
Partnership Partnership
Corporate Limited Liability
Partnership Partnership
this type of partnership is common only to
professional service businesses. Their personal
assets are protected for business’ debts and
liabilities but do not protect the personal
assets of partners for malpractices.

Limited Liability Corporate

Partnership Partnership
General Limited
Partnership Partnership
Which among the following is considered as
advantage of corporation.

Limited Liability Double Taxation

Government
Unlimited Life
Restrictions
Which among the following is considered as
disadvantage of limited liability corporation.

Building Capital Limited Liability

No perpetual Limited
existence Regulations
Which among the following is considered as
disadvantage of limited liability corporation.

Building Capital Limited Liability

No perpetual Limited
existence Regulations
this is a type of business that provides
intangible products (no physical form).

Merchandising
Hybrid Business
Business
Manufacturing
Service Business
Business
is also known as “buy and sell” where
businessman buys good at a certain cost and
sells it on a much higher price to earn a profit.

Merchandising
Hybrid Business
Business
Manufacturing
Service Business
Business
this type of business buys raw materials and
converts these materials into a new type of
product.

Manufacturing
Hybrid Business
Business
Merchandising
Service Business
Business
means a combination of two or more types of
business

Merchandising Manufacturing
Business Business

Hybrid Business Service Business

this type of service offers intangible goods and
charged because of labor.

Service Business Utilities

Transportation
Financial Business
Service
this type of service makes a profit through
investment and asset management like banks,
insurance, lending companies, and others.

Service Business Financial Business

Transportation
Utilities
Service
this type of service includes logistics and
sending people to a certain locations for a fee.

Service Business Utilities

Transportation
Financial Business
Service
this service provides public services such as
water, electricity, telecommunication, and
more.

Transportation
Financial Business
Service

Service Business Utilities

produce raw materials such as plants or
minerals.

Agriculture and Information

mining business Businesses
Real-Estate
Manufacturers
Businesses
produce tangible goods from raw materials

Agriculture and
Manufacturers
mining business
Real-Estate Information
Businesses Businesses
those who sell or rent properties such as land,
residential, and commercial spaces and other
buildings.

Agriculture and
Manufacturers
mining businesses
Information Real-Estate
Businesses Businesses
those that sell intellectual properties such as
publishers and internet and software
companies.

Information Real-Estate
Businesses Businesses
Agriculture and
Manufacturers
mining businesses
Is the process of explanation and justification.
It also implies responsibility.

Fairness Accountability

Justice Transparency
__________ refers to equal treatment, for
example, all shareholders should receive equal
consideration for whatever shareholdings they
hold.

Transparency Fairness

Accountability Justice
__________ has become an increasingly
popular word in recent times. It is used and
sometimes misused by both scholars and
practitioners.

Accountability Fairness

Transparency Justice
It includes the fact that persons (your
stakeholders) are willing and able to hold
you accountable.

Accountability Not Accountability

Holding to account is the process of
requiring explanation and justification, but
it is also about testing, forming a
judgment, and if necessary, taking action.

Accountability Not Accountability

Accountability implies responsibility: it is
reasonable only to hold people to account
for those things for which they are
responsible.

Accountability Not Accountability

To be accountable is to be liable to explain
or justify one's actions and decisions.

Accountability Not Accountability

It is the same as an appraisal.

Accountability Not Accountability

Accountability is the process of
explanation and justification.

Accountability Not Accountability

It is synonymous with responsibility.

Accountability Not Accountability

It does imply a management relationship.

Accountability Not Accountability

It is about confrontation, "putting
someone in his place" or "giving him a
hard time.”

Accountability Not Accountability

It is a "one - off" annual event.

Accountability Not Accountability

encompass the ability to apply specialized
knowledge or expertise.

Accountability Not Accountability

Accountability Not Accountability